Posts by: Phil Flynn
Refining was rocking as refiners booked profits running at historically high rates. If demand is so bad, then why are refining margins so good? Bloomberg […]
Continue Reading →If you thought OPEC was going to flood the market with oil, you’d better think again. Despite rumors from unnamed sources, OPEC raised production by […]
Continue Reading →Well, the East Coast gas is cheap; As most imports are right there; And the Southern gas with the way they pump they are so […]
Continue Reading →Oil prices are locked in a purgatory-like trading range where OPEC seems to want to keep prices in this range of pain —high enough for […]
Continue Reading →It’s time for the government shutdown circus. Stock markets dipped on the report of the government shutdown, as oil did, as we once again head […]
Continue Reading →Oil prices took a big hit yesterday after attempting to break out on Friday. The sell-off was intensified by a combination of end-of-the-month profit-taking, reports […]
Continue Reading →Oil prices are down sharply on a report that OPEC Plus will likely raise production quotas by at least 137,000 barrels per day at the […]
Continue Reading →Oil is above all major moving averages except for the 200 day after Europeans told the Russians that they’re ready to shoot down jets. Does […]
Continue Reading →If you are trying to find your promised oil glut, you better keep looking because there is no sign of it anywhere. Not only did […]
Continue Reading →If you can’t get countries from buying Russian oil and refinery product then bomb the refineries. Diesel oil crack spreads surged as concerns in […]
Continue Reading →
Tighter Than You Think. The Energy Report 10/08/2025
So far, the talk of an oil glut is not showing up in the numbers even as some big banks like Goldman Sachs and reporting […]
Continue Reading →